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Wednesday, March 20, 2019
Unilever acquires Horlicks

Uniliver buys Horlicks from GSK

Unilever (ULVR) has agreed to buy GlaxoSmithKline’s Health Food Drinks (GSK HFD) in India for €3.3bn ($3.8bn). The agreement will increase Unilever's presence in the health-food market...
Tesco Direct to close down

Tesco Direct closing down

Tesco has announced plans to close its non food website, Tesco Direct, on 9 July 2018. Tesco Direct sells a range of general merchandise, including...
Halma buys Rath Communications

Halma buys Rath Communications for £32.6m

Halma PLC (LON: HLMA) has bought Rath Communications, a provider of emergency communication in the USA, for £32.6 million.
Carpetright report £70 million loss

Carpetright reports £70 million loss

Carpetright have reported a pre-tax loss of £70 million for the year ending 28 April 2018. as the struggling retailer's revenue decreased by 3.0% to £443...
John Laing Infrastructure in buyout talks

John Laing Infrastructure in buyout talks

Shares in John Laing Infrastructure Fund (JLIF) have soared by more than 18 per cent this morning after news of a possible buyout of the company. JLIF...
SAGA results 'in line with expectations'

Saga results ‘in line with expectations’

Saga have traded 'in line with expectations' for the period from 1 February to 31 May 2018. Saga branded retail insurance policies increased by approximately 1% year...
FTSE 100 hits lowest close since September 2016

FTSE 100 hits lowest level since September 2016

The FTSE 100 has closed at 6685; its lowest level since September 2016. Investors remain nervous about the US Government shutdown over its budget spending for...
Debenhams profits down 85%

Debenhams profits down 85%

Debenhams has reported a dramatic drop in pre tax profit of 85% for the six month period to 3 March 2018 to £13.5m. The...
RBS profits rise to £1.62 billion

RBS profits more than double to £1.63bn

Royal Bank of Scotland (RBS) profits have more than doubled in 2018 to £1.62 billion, an increase of £870 million from last...
Mothercare to close 50 stores

Mothercare to close 50 stores

Mothercare has announced plans to close fifty stores as part of a rescue plan. The closures could result in the loss of at least...